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Page 16 - Stock Market News
HPCL tanks 5% on reports ONGC may acquire it in Rs 44,000 crore deal
BPCL also slipped nearly 3% to Rs 670, while ONGC was trading flat at Rs 194
 "HPCL tanks 5% on reports ONGC may acquire it in Rs 44,000 crore deal")
Future Retail zooms over 100% in two months
In past two months, the stock rallied 117% as compared to 10% rise in the S&P BSE Sensex.
 "Future Retail zooms over 100% in two months")
Idea Cellular dips 7% after huge block deal
In past one month, the stock had outperformed the market by surging 47% till Monday.
 "Idea Cellular dips 7% after huge block deal")
Today's Picks: 28 February, 2017
Nifty, Bank Nifty, Aurobindo Pharma, Zee Entertainment and PowerGrid
Today's Picks: 23 February, 2017
Nifty, Bank Nifty, Reliance Industries, Coal India, NTPC
Today's picks: 22 February, 2017
Nifty, Bank Nifty, Aurobindo Pharma, Adani Ports, Bharti Infratel
Ambuja Cements slips 3% post December quarter earnings
Reacting to the development, the stock of Ambuja Cements fell as much as 3% to Rs 232 on the NSE
 "Ambuja Cements slips 3% post December quarter earnings")
Today's picks: 21 February, 2017
Nifty, Bank Nifty, TCS, ITC
It is time to book partial profit: Devang Shah
Short term outlook for the market remains positive
 "It is time to book partial profit: Devang Shah")
Today's picks: 17 February, 2017
Nifty, Bank Nifty, Larsen & Toubro, Coal India, Tech Mahindra
IL&FS Engineering surges 9% on bagging Rs 123 cr orders from GAIL
On the volume front, 58,000 shares exchanged hands on the counter
 "IL&FS Engineering surges 9% on bagging Rs 123 cr orders from GAIL")
Today's picks: 16 February, 2017
Nifty, Bank Nifty, ITC, Sun Pharma, BPCL
Sensex tanks 184 pts on earnings, Fed
Auto, realty and pharma counters took a big hit
 "Sensex tanks 184 pts on earnings, Fed")
Today's picks: 15 February, 2017
Nifty, Nifty Bank, GAIL, Tata Motors, NTPC
MMTC gains over 7% as net profit triples in Q3
The stock had reached a high and low of Rs 67.60 and Rs 65.10 respectively during the day
 "MMTC gains over 7% as net profit triples in Q3")
GVK Power spikes 17% on reports of winning bid to build Navi Mumbai airport
Reacting to the development, the stock of GVK rose as much as 16.6% to Rs 7.7 on the BSE
 "GVK Power spikes 17% on reports of winning bid to build Navi Mumbai airport")
Union Bank of India tanks 5% as gross NPAs surge in Q3
The public sector bank's gross non-performing assets rose to 11.70% in the December quarter
Titan shines 8% on robust Q3 earnings; brokerages recommend 'buy'
On the volume front, nearly 5 lakh shares exchanged hands on the BSE
 "Titan shines 8% on robust Q3 earnings; brokerages recommend 'buy'")
Dr Reddy's slips 3% post Q3 numbers, top Sensex loser
Reacting to the numbers, the stock shed as much as 3% to Rs 3,050 on the BSE
 "Dr Reddy's slips 3% post Q3 numbers, top Sensex loser")
Oil & gas stocks rally for second consecutive day on Budget announcements
The move, experts believe, will be positive for all public OMCs and upstream companies
 "Oil & gas stocks rally for second consecutive day on Budget announcements")